International Engagement
Climate change and other environmental problems do not recognise national borders. In order to implement the sustainable energy solutions these problems require, we must collaborate at national, regional and global levels. Active engagement in international cooperation has long been considered crucial by the Nordic region.
Together, the Nordic countries play an active role in both European and global initiatives in the field of sustainable development. Through aid, exports and involvement in international governance, the Nordic region disseminates knowledge and experience on climate, energy and environmental technologies.
A number of Nordic organisations provide successful examples of this engagement. The Nordic Environment Finance Corporation (NEFCO) is a joint Nordic project that funds many small and medium-sized environmental projects in Russia, Ukraine and the Baltic States. The Nordic Investment Bank (NIB) promotes sustainable growth by providing long-term complementary financing to projects all over the globe that strengthen competitiveness and enhance the environment. The Nordic Project Fund (Nopef) provides co-financing for feasibility studies that support the internationalisation of Nordic enterprises with priority given to environmental projects. The Nordic Development Fund (NDF) is a fund focusing on climate-related interventions in developing countries.
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